Shares of Oceanic Wind Energy Inc. (CVE:NKW – Get Free Report) traded down 6.3% during mid-day trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.15. 94,500 shares were traded during mid-day trading, an increase of 86% from the average session volume of 50,692 shares. The stock had previously closed at C$0.16.
Oceanic Wind Energy Stock Performance
The company has a 50-day moving average of C$0.15 and a 200-day moving average of C$0.15. The stock has a market cap of C$11.50 million and a price-to-earnings ratio of -75.00.
About Oceanic Wind Energy
Oceanic Wind Energy Inc develops renewable energy projects in Canada. It is developing an offshore wind energy project located in the Hecate Strait off the north coast of British Columbia. The company was formerly known as NaiKun Wind Energy Group Inc and changed its name to Oceanic Wind Energy Inc in May 2020.
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